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Search Results 0 to 49 of about 109 (some duplicates have been removed)
FOX News
Nov 10, 2012 3:00pm PST
.s. economy from going over the so-called fiscal cliff. in the last 24 hours, newly relie detectorred president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> arthel: let's talk about it now. matt is the former white house political director under president george w. bush. alexis is the executive director for the american values institute. good to see both of you. >> great to be here. >> arthel: very good. so let's say that each of you is going to broker this deal. tell me the concessions you would make and what would be the deal breakers. i'm going to go with you first, matt. >> okay. so i'm in the seat of power. i guess if i'm a republican, i want to make sure that if i'm going to negotiate a deal that i've
FOX News
Nov 11, 2012 12:00pm PST
on the economy and wanted to make the obama economy, but he woke up wednesday morning and probably saw an exit poll figure that had him devastated for people, 50% of the electorate still thought this economy was george w. bush's fault. it's astonishing. >> it's astonishing. >> and one of the failures, not making a distinction in the campaign, the theme explanation why he would be different than george w. bush. when we come back, the soul searching begins as republicans face another four years of a democrat in the white house and at least two more in the senate minority. what the party needs to do to what the party needs to do to regroup for 2 2 2 2 2 2 hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> another white house loss for the g.o.p. coupled with their failure once again to take back the senate. many in the party calling for change. what can republicans do to regroup for 2014 and beyond. jason, a wond
MSNBC
Nov 9, 2012 8:00am PST
dead line sets up a stand off with the nation's economy hanging in the balance. a new congressional budget office report predicts a fall off the cliff. could send the unemployment rate skyrockets by the end of next year. with the books on his presidency already being written, but the second chapter yet to be lived, can the president find common ground with a deeply-divided congress and dodge economic disaster? >> it's a huge challenge for president obama, but also a huge opportunity. health care reform in his first term and putting the fiscal house in order for the next four generations as the signature achievement already? >> he's going to have to strike some deals. and he's going to have to make some grand alliances. >> joining me from the white house is kristen welker. explain the footprint we can expect to hear. >> reporter: good morning. i think that the president is going to try to achieve two things. first, to try to set the tone for his second term. your going it hear him make a call for bipartisanship. we heard some of that during his victory speech in chicago earlier this
FOX News
Nov 9, 2012 9:00pm PST
economy, stronger, healthier economy means more americans working and more revenues, which is what the president is seeking. this framework can lead to common ground. i hope the president will respond today in that same spirit. as i said on wednesday, this is an opportunity for the president to lead. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. i want to point out, this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrat independents and a lot of r
FOX News
Nov 7, 2012 9:00pm PST
, the economy bubbling is more kids smoking pot. really great idea. that's fantastic. >> sean: is america shifting? we have always said it's a center-right country. tonight, i will be honest, i am not so sure. when i saw the exit polls which i didn't believe, i was very skeptical. in the end, the polls ended up being more right than any of us thought. it shows certain issues where i am thinking, if this is true, i felt liberals were answering this. has the country moved to the left? or 51%? >> it's going to be tough to get out of this, but, no, i don't think permanently. by the way, in 2004, it was the same thing with an incumbent, kerry got nearly 10 million more votes than gore. you had the whole media on kerry's side and he still couldn't beat bush and republicans were wiped out in the congressional election. i gather america was not thrilled with the republicans in the middle of the last decade. yet, incumbency triumphed. you didn't see democrats turning around and saying, now, i am going to be patriotic and support the wars that helped america. things come and go. but i am worried ab
FOX News
Nov 10, 2012 1:00pm PST
to tackle the fiscal cliff, an economic mandate that could throw the economy into a tail spin unless democrats and republicans stop it all. house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce the deficit only by 7%. that is 7% out of $1.1 trillion. in many ways is the president's solution more of an illusion? >> he is trying to sell this as a matter of fairness. he seems to be making progress politically on that front. you have a good point. another good question, there isn't any theory this would help the economy. the estimates are it would hurt this the economy. is now the right time for that? people are still hurting out there. >> gregg: the president is
MSNBC
Nov 9, 2012 10:00am PST
would jump to 9.1% by the end of next year and the nation's economy could slide into another recession. joining me for our daily fix, special panel, chris cizilla, msnbc contributor and managing editor of post politics.com, mark halperin, senior political analyst for "time" and msnbc. >> greg, u.s. economics editor for the economist and "new york times" andrew ross sorkin, co-host of "squawk box" on cnbc. welcome all. first chris cizilla and mark halperin, the political side of this, chris, your reporting so far, we've seen speaker boehner today, what chuck schumer had to say, the president's expected to announce that he is inviting all of the leaders to the white house to discuss the fiscal cliff. >> right. i think what we've seen broadly is marking out of territory, with a strong emphasis on willing to work across the aisle. i don't expect president obama to go into specific detail of how he's going to get this done. i do, however, expect kind of this, you know, the election is now over, let us come together tone. and to be honest, i think he does have a stronger hand in this, than m
FOX News
Nov 9, 2012 7:00pm PST
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i am proposing we avert the fiscal cliff together, in a manner that insures that 2013 is finally the yirr that our government comes to grips with a major problems that are facing it. >> on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrats, independents and a lot of republicans, across the country, as well as independent economists and budget experts. that is how you reduce the deficit, with a balanced approach. >> four years of the obama administration, and the econo
CNBC
Nov 14, 2012 12:00am EST
in the united states and certainly the largest threat to the u.s. economy. >> meredith whitney was talking back in 2010 about a then- looming financial crisis involving state and local governments across the country. it was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. >> the day of reckoning has arrived. that's it. and it's gonna arrive everywhere. time may vary a little bit depending upon which state you're in, but it's coming. [ticking] >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we look at three stories linked by the financial collapse of 2008. first, we examine a scam that's cost thousands of americans their homes. then we look into wall street's shadow market of credit default swaps. finally, a report on the perilous state of state finances. we begin with the foreclosure crisis. in the aftermath of the great recession, the huge number of foreclosed properties was a significant factor in weighing down the economy. many were stuck on the market for an unexpected
CNN
Nov 9, 2012 9:00am PST
's at stake for the economy as well as your personal finances. zimplt president obama confronting a looming financial. they have 53 days to come up with a solution to avoid going over the so-called fiscal cliff. what are we talking about? it's a combination of automatic spending cuts to the tune of $1.2 trillion over the next. our chief white house correspondent jessica yellin will talk about this, and you bring up a very good point now. during the second term campaign, but she's been pretty clear, right, on his stance regarding the fiscal cliff and his obama line. tell us what it is. >> that's right, suzanne. he has laid out that his negotiating terms include the following. he is willing to compromise and raise some revenue by altering some parts of medicare and medicaid on entitlement reforms. he is also insistent that some revenue be raised by changing the tax rates. you know, those bush tax cuts expire at the end of this year, and he has said that the wealthiest americans must pay more. we've heard it on the campaign trail over and over. one thing he has hit is that those who make $250,
FOX News
Nov 7, 2012 7:00pm PST
code, we can give our country a stronger, healthier economy. >> i went to badbed, thinking all of this discussion about this election being the election that will tell us whether or not we have lost the country. i went to bed last night thinking we have lost the country. >> congress is the major shackle, the dysfunction in congress. we see other signs of lift. we have to have a congress that works together. between now and the year's end, that's our opportunity to take the first big step. >> the american people recognize that our economy -- getting it moving, is the only way we will be able to balance the federal budget. the question we should be asking, is not which taxes should i raise to get more revenue? but which reforms can we agree on that will get our economy moving again? >> obama is hell bent on remaking this country. we are in the middle of t. we are four years into a transformation of this government becoming statist. liberty versus tyranny. we are four years into tyranny winning. guess what! no matter what happens now, it's bush's fault! obama's getting a mulligan.
FOX News
Nov 8, 2012 7:00pm PST
economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out there, it's a bunch of different states. the rich live in a few places and the rest of the state is dying. it's a shame, actually. >> in the future, it would be nice -- it would be nice if, i think -- if people felt like the party wasn't something that wasn't for them. i think the republican party has in the past been a brilliant party, when you bring up lincoln, that's a fantastic thing. but you have to keep in mind that we have evolved since then and the feel and look of america is changing and we all have to change
FOX News
Nov 11, 2012 3:30pm EST
the economy, and first term proves it doesn't work and if he does it again, there's no way he's going to get high growth. >> paul: and what political would you expect, to say, okay, this is a move to the middle. >> you can see how he responds to john boehner, said this week, signaled that he's willing to accept maybe the government will collect some more revenue, but let's not raise tax rate. let's get rid of deduction and benefits of simplicity there and thinking about trying to get economic growth. i think if the president responds by saying let's do a bipartisan reform instead of demanding trillions in new tax revenue, then i think that would be a good thing. >> paul: one of the thing boehner, my sources are saying, they would like to do is to get the president extend the bush tax rates for another year to avoid an immediate blow to the economy and time to negotiate a larger tax reform and entitlement deal. if the president insists, said, look, i litigated taxes in the election, tax rates are going up right away and automatically are and i'm going to insist on that, then do you think we'r
CNN
Nov 15, 2012 2:00am PST
, according to economists, will have the least positive impact on our economy. >> the president also coming to the defense of susan rice, the u.s. ambassador to the united nations, who just a few days after the attack as you recall said violence on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. two top-ranking republicans are vowing to block rice's nomination if she is picked to be the next secretary of state. the president firing back with a rare flash of anger. >> senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian, live from washington this morning. it's really nice to see you, dan. >> good to see you. >> let's first talk about the fiscal cliff. the president said we could see a deal by next week. that may hinge on this issue with taxes. how are republicans responding to the president's remarks? >> well, you know, first of all, there does seem a willingness by republicans to find areas of agreement, to reach a compromise. but they are pushing back on the presid
FOX News
Nov 11, 2012 2:00am PST
of the with the defense contractor in favor of mitt romney that is good for your business but bad for the economy in general to tax some people. romney had a good line you don't just pick winners and losers but you pick the losers. john: they could the random selection people look at politician as the person to solve every problem? president obama was the magic president. these people were waiting three hours. he is magic. >> they've really feel he has the intrinsic quality now they he has been reelected to change people's lives like he has only been warming up. for what? it is terrifying. john: people felt this way about romney. >> but obama is a classic example of the colt of the presidency the idea that any politician can fix all the problems is not start with the obama but is the attitude we should get rid of racism. he should stop the rise of the oceans and get everybody house. i saw a teenager said he should give everybody a house. kids say that is understandable. but adults are supposed to understand there are incentives, a trade offs and a cost. there are unintended consequences governmen
FOX News
Nov 10, 2012 3:00am PST
on the economy comes to an agreement or slip right back into recession by next year? will congress finally come to a compromise to avoid the fiscal cliff? plus, this baby elephant caught in a sticky situation. up to its neck for over 12 hours. the incredible rescue straight ahead. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >> 6:24 eastern time. quick headlines now. over 90,000 people have signed a petition to nominate this pack diswran girl for the nobel peace prize. the 15-year-old was shot in the head by the taliban after speaking out for women's rights to go to school. she is currently recovering at a uk hospital. and chrysler recalling over 900,000 jeep vehicles because of faulty air bags. a recall includes grand cherokees from 2002 to 2004. and jeep liberties from 2002 to 2003. a malfunction can cause the air bag to
FOX News
Nov 11, 2012 1:00pm PST
. they are the ones who hire. that is a huge issue because jobs drive the economy. that is what the cbo is looking at if the fiscal cliff goes through we will see a contraction of the economy. >> gregg: over the next four years, what industries or companies could be winners or losers? >> i mentioned some of the ones that were hard hit and some of the others that did well after the election. if you look at things companies that pay out dividends. >> gregg: utilities. >> very good point. we'll see that the sector hit. it's been down 5% just for fears of this. you could see tech companies go up. they don't pay dividends. they plow their cash back in the company. their lobbyists have been success withful with the congress. >> gregg: financial industry despises the dodd-frank hyper regulations. they were trying too to overturn it. it doesn't look terribly likely right now unless the courts do it in some information. is that still negotiable because the rule making is still in the hands of regulators? >> yeah, it is but a lot of pessimism by banks about this whole issue. they will be facing these regula
CNN
Nov 7, 2012 5:00pm PST
the economy which is the reason you come here. your party hasn't made head way in reaching them. >> so actually young voters did break heavily for the president. republicans still have a long way to go. this election has busted two myths about them. the first is that they are not going to show up. voters in their 30s is the group where obama did better. republicans need to realize that this is going to resonate throughout their political life times. now, you know, president obama mentioned gay peemt evople ever on every campaign stop. i don't think i heard mitt romney mention gay people. if you want to be comfortable with people, you have to start talking to people. let me give you factors that are huge. if you are married you are voting republican by 29 points. if you are single you voted democr democrat. huge issue religion. 17% of the americans told exit po polesters that they never go to church or synagogue. among those who go to church every week plus 19 republican. the cultural divide are turning the republican party into an older party that is a more church going party of marrie
NBC
Nov 7, 2012 7:00pm EST
returns back to the white house. and with the economy limping back to health, the stakes could not be higher. the president headed back to washington where the voters decided he should stay for four more years. at his campaign headquarters in washington, he thanked staff and supporters. this, after a night of emotional celebration in his hometown of chicago. 20,000 turned out, sharing tears and hugs. >> a long campaign is now over. and whether i earned your vote or not, i have listened to you. i have learned from you. and you have made me a better president. >> reporter: a passionate speech. >> michelle, i have never loved you more. >> reporter: mixed with a little bit of humor, aimed at his daughters. >> i am so proud of you guys, but i will say that for now, one dog is probably enough. >> reporter: the president has held almost 200 campaign events, logging thousands of miles on board air force one, the two candidates spending nearly $900 million, making this the most expensive campaign in history. it is the victory that at times seemed impossible. and sharply divided electora
CNN
Nov 9, 2012 4:00am PST
a big speech about the economy. one of the main components of the president's spending plan is higher tax rates for the wealthy. that's something that house speaker john boehner doesn't seem to be buying. listen. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> without a budget compromise, drastic cuts amendmently kick in. that, of course, could send the economy spiraling back into a recession. white house correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're
CNN
Nov 14, 2012 7:00am EST
and the president act. i'll tell you what falling off that fiscal cliff could mean for you and the greater economy. >>> a massive recall from toyota. millions of cars called in because of a steering problem. what you need to know. >> among our guests today, new york congressman steve israel will be joining us. newt and callista gingrich. author kitty kelley. pennsylvania congressman allyson schwartz. patty murray is with us and director oliver stone. it is wednesday, november 14th. "starting point" begins right now. >> look at me i'm whistling our theme song this morning. you're watching "starting point." the scandal, and it's spreading, is now engulfing two four-star generals. there are some new details about the woman who is at the center of it all. her name is jill kelley. she is described as a tammpy socialite. she first reported she's anonymous harassing e-mails to an fbi agent friend, and that ended up triggering an investigation. those e-mails eventually turned out to be sent by paula broadwell. that would be david petraeus' biographer. and eventually turned out his mistress, as well. we me
FOX News
Nov 9, 2012 3:00am PST
's statement will address the action needed to keep our economy growing and reduce our deficit. he will not suggest a plan. he will say lawmakers, you guys come up with something. >> brian: he goes weneed to raise taxes because the nation needs a thriving middle class. >> steve: he's said that all along. >> but john boehner said some analyst thought change slightly. he said the tax hikings are unacceptable . however, he said that he may be open to tax revenue come is a different way of saying bringing in more taxes and listen to his latest interview on abc. >> raising taxes on small business people is the wrong prescription given for our economy. >> is it on the table to talk about. >> i made clear that raising tax rates are unacceptable and frankly couldn't pass the house. putting revenues on the table and reforming our tax code and i would do that if the president were serious about solving our spending problem and trying to secure our entitlement program. >> brian: going to sit down and talk. but he's saying short term for now and wait for the new congress to get settled in and
FOX News
Nov 10, 2012 9:00am PST
a strong signal that taking more taxes out of the economy for the benefit of the federal government is not popular. and so both sides need to be a little bit more respectful of the positions and give each other latitude and trust and so we can solve the problem. >> republicans believe it is it a man date of their own because they retained the house in the last election. how do you see compromise comingalt a time when both sides are alined. >> we are soing that each one has their own basic power. speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way to making progress and giving the american people what they wanted from all of their leaders some substantive move f
FOX News
Nov 12, 2012 3:00am PST
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CNN
Nov 13, 2012 9:00am PST
inroads into africa's economy. but is the u.s. missing out on an opportunity? a live report from south africa. >>> china's giant weeklong gathering of the communist party ends tonight. they bring together 2,000 delegates around the country to meet in beijing. they meet every five years. president hue hue gin pow. china catching up with the united states which is still number one. it's beating the u.s. when it comes to trade with subsaharan africa which has vast supplies of natural resources. >> reporter: here's a little bit of china in eastern zimbabwe. this is a join venture between the chinese and zimbabweans mining diamonds in the controversial fields where critics claim some of the diamonds funneled to the party, claims the government and mining officials deny. when cnn got exclusive access this year, the chinese welcomed us with lunch and speeches. as well as a tour of the mining operations, eager to show off cooperation and development with their african partners. many like the u.s. government are highly critical of the chinese venture and others across africa. critics argue the
Search Results 0 to 49 of about 109 (some duplicates have been removed)